Latest News

April 21, 2018

Bengal has achieved a revenue surplus, despite GST: Mamata Banerjee

Chief Minister Mamata Banerjee put out a post on Facebook today, mentioning the fact that the Central Government has congratulated the Bengal Government for not only bringing down rapidly the revenue gap with respect to the State GST, but in fact registering a revenue surplus in March 2018.

While in August 2017 Bengal had a revenue gap of 33.4 per cent, in March 2018, the State had registered a surplus of 3 per cent.

Another significant fact the Chief Minister mentioned is that Bengal’s performance is far better than that of the country as a whole. In March 2018, while Bengal achieved a surplus of 3 per cent, the country as a whole registered a revenue deficit of 17.9 per cent.